Investment Rating Sample Clauses

Investment Rating. In addition to any Commitment reductions pursuant to Section 5.01(a) or the preceding paragraphs (i) and (ii), if, on the date which is six months after the Agreement Date (the "Existing Debt Reduction Date"), the long-term senior unsecured debt of the Company has an S&P Rating lower than BBB- and a Xxxxx'x Rating lower than Baa3, the Commitments shall be reduced permanently by an amount equal to the Existing Debt Reduction Amount.
AutoNDA by SimpleDocs
Investment Rating. Promptly upon any change in the Investment Rating of the senior unsecured debt of the Company, a copy of the statement or report from the applicable rating agency.

Related to Investment Rating

  • Credit Rating The credit facilities provided for under this Agreement shall have been assigned a credit rating by S&P and Xxxxx’x.

  • Moody’s 37 Mortgage.....................................................................37

  • Credit Ratings Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case with no requirement to maintain any specific minimum rating.

  • Debt Rating The Liquidity Provider has a short-term debt ratings of “P-1” from Xxxxx’x and “F1+” from Fitch.

  • Ratings No “nationally recognized statistical rating organization” as such term is defined for purposes of Rule 436(g)(2) (i) has imposed (or has informed the Company that it is considering imposing) any condition (financial or otherwise) on the Company’s retaining any rating assigned to the Company or any securities of the Company or (ii) has indicated to the Company that it is considering any of the actions described in Section 7(c)(ii) hereof.

  • Rating The Notes can be issued without the requirement that they have any rating from a nationally recognized statistical rating organization.

  • Debt Ratings Prompt notice of any change in its Debt Ratings.

  • No Rating Neither the Company nor any of its subsidiaries has debt securities or preferred stock that is rated by any “nationally recognized statistical rating organization” (as such term is defined in Section 3(a)(62) of the Exchange Act).

  • Required Ratings The Offered Certificates shall have received Required Ratings of at least [ ] from [ ].

  • No Ratings There are no debt securities or preferred stock issued or guaranteed by the Company or any of its subsidiaries that are rated by a “nationally recognized statistical rating organization”, as such term is defined in Section 3(a)(62) of the Exchange Act.

Time is Money Join Law Insider Premium to draft better contracts faster.